Cairn Homes Increases 2026 Interim Dividend and Launches €50m Share Buyback

Dublin/London, 2 September 2026: Cairn Homes Plc reports robust financial results for the first half of 2026, significantly boosting revenue by 60% year-on-year to €455.5 million. This growth is driven by the sale of 1,139 units, up from 708 units in the same period last year. EPS rose by 82%, reflecting strong cash flow improvements. The company's operating profit increased by 75%, reaching €74.8 million.

Cairn Homes is launching a €50 million share buyback and increasing its interim dividend by 10% to 4.5 cents per share. The record closed and forward order book of 5,020 homes, valued at €1.89 billion, enhances sales visibility. Additionally, the net debt reduced by €113 million, suggesting strengthened financial health.

With a raised FY26 ROE guidance to circa 17%, Cairn Homes remains a leader in Ireland's real estate sector, supported by strategic land acquisitions and a strong focus on sustainable, affordable housing solutions.